In his fiscal year 2022 budget proposal unveiled this week, New York Gov. Andrew Cuomo includes an excise tax on what could be legalized recreational marijuana. New York is looking to join neighboring New Jersey, where voters approved a ballot measure to legalize recreational marijuana last November. Gov. Cuomo expects the tax revenue to eventually
Traders on floor of the New York Stock Exchange. Source: New York Stock Exchange With the inauguration — and the risk of disruption — now over, what’s next for markets? The S&P 500 has risen 15% since the election to historic highs on a series of macroeconomic hopes that have driven sentiment, technical levels, and
US President-Elect Joe Biden speaks at Major Joseph R. “Beau” Biden III National Guard /Reserve Center in New Castle Airport on January 19, 2021, in New Castle, Delaware, before departing for Washington, DC. Jim Watson | AFP | Getty Images President Joe Biden on Wednesday plans to extend the payment pause on federal student loans
The Association of Chartered Certified Accountants released a survey Wednesday that found the majority of accountants internationally believe they are in an inclusive profession, but nearly two-thirds of them think the profession still has an issue to deal with when it comes to diversity. The global survey of more than 10,000 ACCA members worldwide found
When posting a job listing, businesses generally have their go-to, established platforms that they know are frequented by potential candidates. Sometimes, however, a company needs to think outside the box when sourcing talent. Occasionally, the least obvious places to post vacancies may result in the most remarkable outpouring of candidates. That’s why these 12 entrepreneurs
Federal Reserve Board Chairman Jerome Powell testifies during a Senate’s Committee on Banking, Housing, and Urban Affairs hearing in Washington, DC, U.S., September 24, 2020. Drew Angerer | Reuters There likely will be no nasty tweets in the middle of the night excoriating the Federal Reserve to lower interest rates. Nor will its officials be
Trevor Williams | DigitalVision | Getty Images As some stocks have climbed to record highs, you may have been tempted to double down on a favorite pick, like Tesla or the latest initial public offering. But at least one money expert is sounding the alarm that some investors may be overexposed to individual stocks. Christine
Details: REDW, a Regional Leader based in Albuquerque, New Mexico, has continued with its strategic expansion plans by adding CPA Global Tax & Accounting, a firm in Scottsdale, Arizona, effective Jan. 15, bolstering its international tax services. As part of the deal, Pallav Acharya, owner of CPA Global Tax, will join REDW as a Principal
An 8500 series oil rig ENSCO Elon Musk’s SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing. The rigs are in the Port of Brownsville, near SpaceX’s Starship development facility in Boca Chica, Texas. The rigs have been
Stefani Reynolds/Bloomberg via Getty Images ‘Potentially erroneous’ QBI deductions The IRS allowed business owners to claim $57 million in “potentially erroneous” deductions on 12,980 tax returns filed last year, according to a report publicly released Tuesday by the Treasury Inspector General for Tax Administration. The watchdog urged the tax agency to increase its oversight of
CPA firms will be in a great position to help their small business clients with the latest round of the Paycheck Protection Program, according to Barry Melancon, president and CEO of the American Institute of CPAs. Speaking during a virtual meeting of the Accountants Club of America, Melancon described some of the new wrinkles in
It’s been an unpredictable and disruptive year for small businesses. From shifting to remote work in a matter of weeks to unexpected loss in revenue, many companies have experienced hardship. At the same time, others have discovered a silver lining. Whether it’s an increase in efficiency and productivity or simply learning more about their customers
Janet Yellen’s journey to become the first female Treasury secretary in U.S. history moved smoothly through a critical Senate hearing Tuesday, with a vote on her confirmation likely to happen before the end of the week. An audience of mostly friendly legislators questioned Yellen across a variety of topics, from taxation to China to climate
Lev Radin/Pacific Press/LightRocket via Getty Images The state would raise the top tax rate to 10.86%, up from 8.82%, Cuomo said. That would yield a top rate of 14.7% for the wealthiest New York City residents in combined taxes. “[It] would be the highest income tax in the nation,” Cuomo said. This is a developing
PricewaterhouseCoopers released an update Tuesday to its annual audit quality report for the firm, pointing to improvements on inspection results from the Public Company Accounting Oversight Board. During the recently completed PCAOB inspection, PwC anticipates that only one of the 52 engagements that were subject to inspection will be included in Part 1.A of the
Court says COVID-19 is not a “natural disaster” for purposes of WARN Act; refuses to dismiss case on grounds that layoffs precipitated by COVID-19 were “unforeseeable business circumstances.” No employer has escaped the impact of COVID-19. Although some have managed to weather the pandemic, others have been financially devastated by widespread shutdown orders and other
Since June 1, 2020, Massachusetts has banned the sale of flavored tobacco products, including menthol cigarettes. When signing the ban into law, Gov. Charlie Baker (R) argued that the ban, which is the broadest in the country, was enacted to limit youth uptake of nicotine products. While youth uptake is a very real concern which deserves the
The Employment Appeal Tribunal has recently handed down a judgment which serves as a useful reminder for employers of the risks of taking disciplinary action against union representatives for behaviour which may look like misconduct but which actually constitutes union activity. By way of background, section 146(1)(b) of the Trade Union and Labour Relations (Consolidation)
Jovita Carranza, administrator of the U.S. Small Business Administration, testifies at a Senate Small Business and Entrepreneurship Committee hearing on June 10, 2020 in Washington. Al Drago-Pool/Getty Images) Second EIDL grants That may confuse business owners, since the $900 billion Covid relief package passed last month allows some companies to get a second EIDL grant.
Michael Tighe was promoted to managing director, and Michael DiBianca and Anthony DiGiuseppe to associate directors in the Philadelphia Metro office at Global Tax Management. Kim Lyons and Rebecca Walck were promoted to partner at Simon Lever, Lititz, where they have worked since 2008 and 2015, respectively. CBIZ CMF, Philadelphia, announced it will now operate
- 1
- 2
- 3
- …
- 317
- Next Page »